Most contemporary scholars permit buying shares in companies whose main business is lawful, with conditions. Shares in companies whose main business is haram (alcohol, interest-based banks) are forbidden. Scholars differ about companies that are mostly lawful but have a small amount of interest income, and about margin buying and short selling, which most forbid. Check the company and ask a scholar.
Wahai orang-orang yang beriman, janganlah kamu makan (gunakan) harta-harta kamu sesama kamu dengan jalan yang salah (tipu, judi dan sebagainya), kecuali dengan jalan perniagaan yang dilakukan secara suka sama suka di antara kamu, dan janganlah kamu berbunuh-bunuhan sesama sendiri. Sesungguhnya Allah sentiasa Mengasihani kamu.
This is general information, not a fatwa. For your own situation, ask a qualified scholar.
Questions about halal and haram
Is trading in stocks halal?
Most contemporary scholars permit buying shares in companies whose main business is lawful, with conditions. Shares in companies whose main business is haram (alcohol, interest-based banks) are forbidden. Scholars differ about companies that are mostly lawful but have a small amount of interest income, and about margin buying and short selling, which most forbid. Check the company and ask a scholar.
